Akuma Inu Price Pumps 110%, Could Meme Index be Next to Explode After Raising $2M?

Akuma Inu Price Explodes 110% – Could Meme Index be Next to Explode After Raising Over $2M?

Akuma Inu (AKUMA), the anime-inspired meme coin, has rocketed 110% in the past 24 hours, making it one of the hottest cryptos on the market right now.

Meanwhile, Meme Index (MEMEX) is beginning to gain attention with its unique approach to meme coin investing, and some investors believe it could also be about to explode.

What’s Behind Akuma Inu’s Rally?

Akuma Inu is hosted on the Base network, and its price has more than doubled since yesterday.

The coin is up 336% in the past week alone, and it’s now hovering around $0.0010, with over $5.6 million in spot trading volume over the last day.

That’s enough to get it a spot on CoinMarketCap’s trending cryptos list.

Interestingly, there is no apparent reason why Akuma Inu’s price has climbed in the past 24 hours.

It seems that AKUMA is simply benefiting from traders’ interest in new and unique meme coins, as evidenced by the recent rallies from AI16Z and PENGU.

Akuma Inu & The Bull Run – Is This the Final Stage?

There are mixed conditions in the crypto market right now, with Bitcoin passing $100,000 again yesterday, only to drop today, pulling down most major altcoins.

However, this indecisiveness doesn’t seem to have affected AKUMA, which tends to trade on its own momentum, often rising regardless of broader market trends.

And the coin’s timing might actually be perfect since CryptoQuant analysts believe the bull market is entering its final stages, with a potential peak in early-to-mid 2025.

Meme coins often see their biggest runs around this time of year, and for AKUMA holders, either scenario could spell opportunity – meme coins often thrive during sustained bull runs and in the final stages of a cycle.

Plus, if AKUMA were to be listed on a top-tier CEX like Binance, its recent price action could just be the start of something much bigger.

Meme Index Could be the Next Big Meme Coin After Raising Over $2M in Presale

Meme Index has now raised over $2 million in its presale, but it’s not just a random meme coin – it’s creating a whole new way for retail traders to invest.

Meme Index will offer four different indexes, each with a unique selection of meme coins, similar to the S&P 500 in how they are structured.

You’ve got a low-risk index with established names, and then there’s a high-risk index for those with more of a risk appetite.

It’s an exciting concept – especially given all the hype around meme coins right now.

If that wasn’t enough, Meme Index also has a built-in staking protocol for the MEMEX token, offering APYs of 1,170%.

No wonder crypto YouTuber Michael Wrubel, who has over 314,000 subscribers, praised the project in a recent video.

Wrubel has a history of talking about presale cryptos before they explode, so his endorsement could be a signal that Meme Index might be on the verge of a breakout.

However, as it stands, the project’s presale is still ongoing, and investors can grab MEMEX tokens at a discounted price of $0.0149831 each.

So, for those who missed the boat with AKUMA, Meme Index might be the next big opportunity.

Conclusion

Akuma Inu’s 110% price surge in the past 24 hours has left many investors wondering what’s behind the coin’s rally. While there may not be a clear reason, it’s clear that traders are excited about new and unique meme coins, and AKUMA is benefiting from this trend.

Meme Index, which has raised over $2 million in its presale, could be the next big meme coin to explode. With its unique approach to meme coin investing and built-in staking protocol, it’s an exciting project to keep an eye on.